06 Jun '18, 7am

APAC Realty Set to Expand ERA in 2018 with Acquisition of Commercial Property in Toa Payoh

SINGAPORE – APAC Realty Limited (“APAC Realty”, the “Company” or together with its subsidiaries, the “Group”), a service provider that operates a market-leading real estate brokerage in Singapore under the ERA brand, is set to expand its business with the proposed acquisition of a commercial property located at 450 Lorong 6 Toa Payoh Singapore 319394 (the “Property”) owned by HC Home Pte Ltd for S$72.8 million. Toa Payoh. Picture: Erwin Soo The Property will serve as a permanent place of business for the Group to provide enhanced facilities for ERA’s agency operations, including new office space for agents and improved training areas. The proposed acquisition of the Property is part of the Group’s expansion strategy and will provide existing and new agents with further training and development opportunities. “With the new space, we are able to support the expansion of the ...

Full article: https://www.iproperty.com.sg/news/apac-realty-set-to-expa...

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